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STAFFLINE GROUP PLC Major Shareholding Notification 2019

Jul 31, 2019

7930_rns_2019-07-31_9ddfc3d9-c252-49bd-8964-470571475e9d.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

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RNS Number : 4458H

HRnetGroup Limited

31 July 2019

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

FOR IMMEDIATE RELEASE

31 July 2019

Acquisition of shares

Following certain share acquisitions executed today, HRnetGroup Limited ("HRnetGroup") announces that it has acquired 11,671,702 shares of Staffline Group plc ("Staffline") at a price of 180 pence, which increases its total holding in Staffline to 17,154,626 shares. HRnetGroup therefore currently owns 24.89% of the total voting rights of Staffline.

The person responsible for making this announcement is Adeline Sim, Executive Director and Chief Legal Officer.

Enquiries:

HRnetGroup Limited Tel: +65 6730 7855
Adeline Sim, Executive Director and Chief Legal Officer
Jennifer Kang, Chief Financial Officer
Peel Hunt LLP (Broker to HRnetGroup) Tel: +44 20 7418 8900
Michael Nicholson
Sohail Akbar
Alastair Rae

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

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